Connecticut plans to sell $500 million of general obligation bonds, starting with a two-day retail period on Monday. The institutional sale is Wednesday.

State officials, citing flexibility, are dividing the sale into $235 million of Series E tax-exempt bonds, $100 million of Series A taxable bonds and $165 million of Series D SIFMA index bonds. The latter are floating-rate bonds with interest rates tied to the Securities Industry and Financial Markets Association index.

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